Understanding the lender of last resort

The 12 Federal Reserve District Banks form the operating arms of the Federal Reserve’s (the Fed’s) central banking system. By dividing the “central” bank into numerous regions, the Fed is decentralized, ensuring that all political, economic and regional interests are taken into account and represented.

klesb Mike, you have identified the problem well. Democrats in government are anxiously trying to apply their economic theories to issues that require market based solutions... – Los Angeles rental crisis continues in 2019

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Zestimates are great conversation starters with sellers and buyers. Zillow has done more for our bottom line than NAR ever has or will. Don’t fight the current of the river, learn to run with it. Disruption is inevitable in any industry that is fragmented or inefficient. Granted, it does feel like armchair experts and platforms are plentiful in real estate these days, but when the tide rolls out we will see the value proposition of the truest professionals in this industry shine once again.